The major factors driving the growth of the automotive cockpit electronics market are growth in connected vehicles, rising demand for enhanced user experience and convenience features in the vehicle, and integration of smartphones with vehicles.

The basic cockpit electronics segment is estimated to be the largest market in the cockpit electronics marketforautomotive

The basic cockpit electronics segment is estimated to have the largest market share. This can be attributed to the rising demand for basic electronic equipment such as combiner HUDs, infotainment units, and basic telematics in economic and mid-priced passenger cars.

Head-Up Display is estimated to be the fastest growing product in the cockpit electronics market for automotive

Head-Up Display (HUD) is estimated to be the fastest growing segment in the automotive cockpit electronics market, by product, due to its safety and convenience features. HUD shows the necessary information such as current speed, navigation, and temperature on the windshield. It, therefore, prevents the driver from distracting the eyesight and helps to stay focused on the road. This is a safety feature as the driver does not need to take his eyes away from the windshield.

North America: Second Largest region in Cockpit Electronics Market for Automotive

North America is estimated to be the second largest market, by value, for automotive cockpit electronics in 2017. The market growth in the region can be attributed to the high-income levels, changing consumer preferences, and rapid technological advancements. Increased awareness of safety features has also fueled the demand in the region. Germany is estimated to be the largest automotive cockpit electronics market in Europe. Germany also accounts for one of the biggest shares in the global automotive cockpit electronics market. The registration of cars in the European Union has been observed to be increasing on year on year basis. Thus, there is a huge growth opportunity for the automotive cockpit electronic companies in the near future.

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